- This topic has 112 replies, 34 voices, and was last updated 5 years ago by
.
- Posts
@jcbacca said:
AUSE,I totally understand what you are saying.. the ATX syllabus is a monster! I wouldnt do it again, if i had to fail a paper. It wouldnt be that one. Worked my ass off to pass it, was lucky in and ended up getting 79%.
As for APM or AAA, i think those two are extremely easy for english speakers. I am someone who prefers numbers and found tax interesting.
You sound logical so should fly throigh APM. I think Jens will pass too. Alot of logical responses from you guys.
Ahmad, q1 numbers were only 15 to 17 marks (right?). So even if you lost 6 marks, it isnt the end of the world. It Depends on the strength of your theory answers. I split out the 20 percent
And you sound confident with your interest rate answers. If you get 20 from interest rates.. 2 from professional.. you only require 28 marks from remaining Q1 and Q3. We can do this guys!
But that 6 marks were very important infact whole Q.1 which I completed because Q.3 was a disaster because I found it difficult plus lackage of time.
In Q.2 I did only 18 marks so it can’t be 20 in anyway. I can only get 16-18 marks in Section B.
So depending on Q.1 too much. And the regret is that Q.1 marks which I missed both in theory and numerical were quite easy. It includes Market value of Equity, Bond price and thus Market value of Debt. Proper justification, In choosing APV explain well but didn’t link to scenerio, Lease income securitisation as I know debt securitization so I try to link the process to it but left in rush as I thought I could be wrong but on internet I found same points, Choosing b/w debt and finance wrote almost six points but again didn’t link to scenerio
So every requirement has flaws unfortunately. I required at least 32 in Q.1 which I don’t think..
My prediction: Q.1 a- 5/8
bi- 6/7
bii- 8/15
biii- 2/5
biv- 3/6
professional marks 2/4
c- 1/5Total: 27/50
Q.2 a-13/16
b- 2/4
c- N/A (Not Attempted)Total: 15/25
Q.3 a- N/A
b- 1/10
c- N/A
d- 0.5/5Total: 1.5/25
Total: 43.5/100 FAIL!!! ACCA Journey over for now.
Further examiner has several points in hand. One question not attempting, One question not picking relevant points which means lack of application of knowledge despite completing report or Section A, Third question leaving a part in it too total of 5+2=7 N/A. So he would definitely fail me :(.. Guys pray for me it was my last attempt if Allah changes the circumstances in return for my efforts but I have not even courage to pray because of last attempt experience in which I was in hope of Pass.and prayed a lot and failed at 45. So this time I’m hopeless
@ahmadraza2 said:
But that 6 marks were very important infact whole Q.1 which I completed because Q.3 was aMy prediction: Q.1 a- 5/8
bi- 6/7
bii- 8/15
biii- 2/5
biv- 3/6
professional marks 2/4
c- 1/5Total: 27/50
Q.2 a-13/16
b- 2/4
c- N/A (Not Attempted)Total: 15/25
Q.3 a- N/A
b- 1/10
c- N/A
d- 0.5/5Total: 1.5/25
Total: 43.5/100 FAIL!!! ACCA Journey over for now.
Ahmad, i very critical response And why is this your last sittin have you run out of time?
What did you write in q3?
@jcbacca said:
Ahmad, i very critical response And why is this your last sittin have you run out of time?What did you write in q3?
Circumstances became like this. Started Jan 2011, Became Finalist July 2015, Wasted 2.5 years not studying just go to exam hall sitting blank every attempt, then take a break of 1 year from study. Now trying hard since last Dec-18 attempt but fail at 45. Everybody has lost confidence in me plus no good job, financial circumstances. And did loss too much in last 3 years by failing again and again. So have to leave for now.
Q.3 I was left with only 20min plus I found this topic difficult. I was not expecting question from mergers and acquisitions in this attempt as it was tested in last attempt so didn’t revise properly. So time + wording of question welcome/not welcome bid instead of pre-bid and post bid wastes my time to decide which requirement to do so I just to solve numeric but couldn’t perform well. Try to write at due diligence review but time up.
My career has ruined. Though I started 2 years graduation in 2017. And pass 3 out of 4 semesters. Now will give last semester in May/june and after that will try to do BSC. Honours thesis project to submit in Nov-19 which ACCA offers from OXFORD university but its costly. But I have to wait a lot for these degrees since its Mar-19. My education becomes a joke no output only losses
@ahmadraza2 said:
Circumstances became like this. Started Jan 2011, Became Finalist July 2015, Wasted 2.5 years not studying just go to exam hall sitting blank every attempt, then take a break of 1 year from study. Now trying hard since last Dec-18 attempt but fail at 45. Everybody has lost confidence in me plus no good job, financial circumstances. And did loss too much in last 3 years by failing again and again. So have to leave for now.Q.3 I was left with only 20min plus I found this topic difficult. I was not expecting question from mergers and acquisitions in this attempt as it was tested in last attempt so didn’t revise properly. So time + wording of question welcome/not welcome bid instead of pre-bid and post bid wastes my time to decide which requirement to do so I just to solve numeric but couldn’t perform well. Try to write at due diligence review but time up.
My career has ruined. Though I started 2 years graduation in 2017. And pass 3 out of 4 semesters. Now will give last semester in May/june and after that will try to do BSC. Honours thesis project to submit in Nov-19 which ACCA offers from OXFORD university but its costly. But I have to wait a lot for these degrees since its Mar-19. My education becomes a joke no output only losses
After that I will return to ACCA next year if circumstances remain positive. If its only in my hand then I would definitely give AFM in jun-19 as I have attempted only 3 times actually and I love this paper too unlike Audit, SBL. 2 times failing at 45. Don’t know about this attempt. but the world knows I did it 10 times and plus I have to depend on fees on others so there is no benefit.
AHMAD,
Seems you’ve had a very tough few years and will have a few more to go.
But don’t focus on whether other people beleive in you. Its most important that you beleive im yourself.
I thought you ran out of time to qualify. I am not sure whether you have until 2021 or 2022. But you should call up ACCA and ask.
Come april, if you are unfortunate again, and you only have until 2021, i would really give it some thought on whether you should be delaying ACCA exams.
Also, with AFM, people fail because they get too stuck into the numbers. Time management is key, and ive found the application and theory in this paper one of the most easiest (unless they ask you to explain a term).
I hope you’re dont fall into the trap of focusing on numbers.
Good luck my friend and dont give up
Not focus on numbers but hedging takes my double time which was required for requirement.
Though I think in Q.3 with 20 min I should try to do theoretical parts rather than numeric as it was unusual one. but some words confuse me.
The problem in theory which I did is that I didn’t relate to scenario so that’s weak point.
Over all I did 43 marks numeric & 31 mark theory requirement so you see my Q.3 doing numeric 5 marks only and leaving theoretical parts judgement was incorrect. as I had already left 7 marks in theory in Q.2 so the balance becomes unstable.
My expiry is on dec-2021 attempt, but unfortunately after failing this I will not be able to give exam this year. So I would have 2 years only.
I expect 30 from numerical & 20 from theory maximum in order to pass which is unlikely to be the case. Even if I think that 50 can be made if they want to pass me but they have a reason in hand lacking of knowledge in Q.3 plus not able to link theoretical requirements to scenario in Q.1
For Pakistanis students, application is the most difficult though it was not the case in Q.1 this time as requirements were easy but I took advantage of it and instead of reading scenario again start writing whole knowledge as they have hinted no calculations are required in front of 2 requirements such as APV/NPV.. so I don’t bother to look at scenario
It could be pass only If
My prediction:
Q.1 a- 5/8 6/8
bi- 6/7 7/7
bii- 8/15 8/15
biii- 2/5 2/5
biv- 3/6 4/6
professional marks 2/4 4/4
c- 1/5 1/5Total: 27/50 32/50
Q.2 a-13/16 14/16
b- 2/4 2/4
c- N/A (Not Attempted)Total: 15/25 16/25
Q.3 a- N/A
b- 1/10 1.5/10
c- N/A
d- 0.5/5 0.5/5Total: 1.5/25 2/25
Total: 43.5/100 50/100.
@aishling82 said:
Questions are sooo confusing!!! Why intentionally make it hard to even figure out what they’re asking??Yeah new new words smoothing welcome/unwelcome.. lease income securitization instead of debt
@thandi8 said:
Omg yes I thought I could do Q1looked good until I started I even left 3 coz I thought one was good wasted too much time tgat my q3 was speed gameYeah Q.3 Left with less time and wording was difficult. and scenario was long
DEC 21?
I guess that should be a sufficient amount of time after Nov 19.
If you not gonna sit an ACCA exam until Nov 19. You should just focus on your Degree now if . Atleast that will give you abit of a break from ACCA. I understand its very difficult for as english is not your first language. Perhaps practice how to apply scenarios abit everyday until you feel ready. Maybe learn some small theory everyday too?
Good luck mate.
Hi every one
Need help to calculate Yield from below data. Remember in Mar 2019 attempt in question in 01 they did not give Risk Free rate and we had to calculate that so can anybody guide how to calculate Risk free if below data is given
Coupon Rate 6%
Market Value of Debt 107.81
Nominal Value of Debit 100
Years 04
- You must be logged in to reply to this topic.